It actually depends on what type of insurance you are going to take or you have already taken.You have yo refer the underwriting instruction manual to get a clear idea.

Thanks for that information Sdumae.What are the benefits of underwriting in Canada? Suppose i have taken a life insurance in US and can i underwrite it in Canada?

I take this opportunity to welcome Steve,Ruth and James to this forum.There are lot of companies who claim to give some of the best policies on earth.AIG sounds cool and check this out Ruth http://www.aigassurance.ca/fcp_feat_bnfts.asp . Steve ,it is really nice to hear that you are interested in Underwriting.Today in the 21st century the underwriting process of a life insurance policy is still a mystery to most in the financial professionals and especially to their clients. In essence the underwriting process includes the following three steps:

* 1. Examination of the application
* 2. Decision as to whether to insure
* 3. Determination of the premium

Steve,check this out for further details- http://www.professionalreferrals.ca/article-1438.html

what are the benefits of investing in a life insurance in Canada? In what way one can benefit?

What is the best way to underwrite Life insurance?

which is the best life insurance policy that is available in Canada right now ?

Are you eligible to apply for a life insurance in Ontario,Canada?To learn more about Ontario Health Insurance Plan (OHIP),Visit http://www.health.gov.on.ca/english/public/program/ohip/ohipfaq_dt.html

I just want to share this piece of information and this is for all the policyholders who require details regarding income from life insurance policies. Visit this link http://www.cra-arc.gc.ca/E/pub/tp/it87r2/it87r2-e.html

Before we actually start investing in life insurance ,there are certain things we need to keep in our mind.First we need to calculate the amount of liquid assets we have on hand and the amount of liabilities.Then, we will know our financial status and thereby we can decide how much we can leave for our survivors.

Montyloree has asked a wise question and it is very relevant considering the present scenario that is existing in Canada.The decision making process taken by an Life Insurance company whether to accept the risk or not and If so, at what rate of premium.This is termed as Underwriting .I am sure this would have solved your worry.